Part B: Six Steps

Step B1

Get a sample of jobs in a job family.

Step B2

Analyze those jobs for their relevant KSABs.

Step B3

Score those jobs appropriately.

Step B4

Regress the scores against salary data.

Step B5

Write an analysis of your results.

Step B6

Write a conclusion. What have you learned from this exercise? In your analytical summary, include and answer the following questions: Explain the concept of designing a compensation system Summarize the practice of sampling jobs in a job family. Describe the practice of analyzing those jobs for their relevant KSABs. Give two examples of scoring those jobs appropriately. Analyze the regression of the scores against salary data.

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